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On April 4, according to NBC News, in a brief phone interview, U.S. President Trump stated that the crash of a U.S. fighter jet would not impact negotiations with Iran. Trump declined to discuss the specifics of the ongoing search and rescue operations following the jet's crash in Iran, but expressed dissatisfaction with some reports regarding the military operation, as it is clearly a tense and sensitive situation. When asked if the events of the day would affect negotiations with Iran, Trump responded that they would not be impacted. He stated, 'No, not at all. No, this is war; we are at war.'

[Trump: U.S. Fighter Jet Crash Will Not Affect Negotiations with Iran]On April 4, according to NBC News, in a brief phone interview, U.S. President Trump stated that the crash of a U.S. fighter jet would not impact negotiations with Iran. Trump declined to discuss the specifics of the ongoing search and rescue operations following the jet's crash in Iran, but expressed dissatisfaction with some reports regarding the military operation, as it is clearly a tense and sensitive situation. When asked if the events of the day would affect negotiations with Iran, Trump responded that they would not be impacted. He stated, 'No, not at all. No, this is war; we are at war.'

Trump: U.S. Fighter Jet Crash Will Not Affect Negotiations with Iran

On April 4, the Central Headquarters of the Iranian Armed Forces, Khatam al-Anbia, issued a statement on the 3rd, refuting the U.S. claim that 'Iran's air defense systems have been completely destroyed' and reported on the latest developments of the military operation 'Real Commitment-4'.

[Iran Denies Claims of 'Destroyed Air Defense Systems' and Announces Latest Military Achievements]On April 4, the Central Headquarters of the Iranian Armed Forces, Khatam al-Anbia, issued a statement on the 3rd, refuting the U.S. claim that 'Iran's air defense systems have been completely destroyed' and reported on the latest developments of the military operation 'Real Commitment-4'.

Iran Denies Claims of 'Destroyed Air Defense Systems' and Announces Latest Military Achievements

On April 4, the public relations department of the Iranian military reported on the 3rd that on the same day, near the southern waters of the Strait of Hormuz, the Iranian national integrated air defense network successfully shot down a U.S. A-10 attack aircraft after tracking and monitoring it. Iran described the aircraft as belonging to 'aggressive enemy forces.' Earlier that day, U.S. officials confirmed that an A-10 'Warthog' attack aircraft had crashed near the Strait of Hormuz, and the pilot on board had been rescued. (CCTV News)

[Iranian Military Claims to Have Shot Down U.S. A-10 Attack Aircraft]On April 4, the public relations department of the Iranian military reported on the 3rd that on the same day, near the southern waters of the Strait of Hormuz, the Iranian national integrated air defense network successfully shot down a U.S. A-10 attack aircraft after tracking and monitoring it. Iran described the aircraft as belonging to 'aggressive enemy forces.' Earlier that day, U.S. officials confirmed that an A-10 'Warthog' attack aircraft had crashed near the Strait of Hormuz, and the pilot on board had been rescued. (CCTV News)

Iranian Military Claims to Have Shot Down U.S. A-10 Attack Aircraft

On April 4, The New York Times reported that two U.S. officials stated that on Friday, an Air Force combat aircraft crashed in the Persian Gulf region, and the sole pilot was safely rescued. The officials indicated that the A-10 fighter jet crashed near the Strait of Hormuz. Meanwhile, an Air Force F-15 fighter jet was shot down over Iran, with one pilot rescued and search and rescue teams looking for a second pilot. Details provided by officials regarding the circumstances of the A-10 crash were sparse, including the manner and location of the crash.

[Another U.S. Military Fighter Jet Crashes in the Persian Gulf, Pilot Rescued]On April 4, The New York Times reported that two U.S. officials stated that on Friday, an Air Force combat aircraft crashed in the Persian Gulf region, and the sole pilot was safely rescued. The officials indicated that the A-10 fighter jet crashed near the Strait of Hormuz. Meanwhile, an Air Force F-15 fighter jet was shot down over Iran, with one pilot rescued and search and rescue teams looking for a second pilot. Details provided by officials regarding the circumstances of the A-10 crash were sparse, including the manner and location of the crash.

Another U.S. Military Fighter Jet Crashes in the Persian Gulf, Pilot Rescued

On April 4, the Oxford Economics Institute stated that the employment figures for March in the U.S. greatly overestimate the strength of the pre-war job market, as the data also reflects a decline in both the labor force and household employment. With the impact of the Iran war on actual economic activity, job growth is expected to slow down. The war's immediate effect on inflation is evident, but the negative impacts on consumer spending, business investment, and hiring will become more apparent in the coming months. The Oxford Economics Institute's baseline forecast remains that the Federal Reserve will overlook the one-time shock of rising oil prices and cut rates twice this year to guard against any potential weakness in the labor market.

[Institution: Fed May Cut Rates Twice This Year to Support Labor Market]On April 4, the Oxford Economics Institute stated that the employment figures for March in the U.S. greatly overestimate the strength of the pre-war job market, as the data also reflects a decline in both the labor force and household employment. With the impact of the Iran war on actual economic activity, job growth is expected to slow down. The war's immediate effect on inflation is evident, but the negative impacts on consumer spending, business investment, and hiring will become more apparent in the coming months. The Oxford Economics Institute's baseline forecast remains that the Federal Reserve will overlook the one-time shock of rising oil prices and cut rates twice this year to guard against any potential weakness in the labor market.

Institution: Fed May Cut Rates Twice This Year to Support Labor Market

On April 4, the Wall Street Journal reported that Qatar has refused to act as a key mediator for a potential US-Iran ceasefire agreement, complicating efforts to find a way forward in negotiations, according to officials and mediators familiar with the situation. Sources revealed that last week, Qatar informed US officials that it had no intention of playing a key role or leading efforts in the mediation process. Mediators stated earlier on Friday that the latest round of efforts led by Pakistan and regional countries to facilitate a US-Iran ceasefire has reached a stalemate. They noted that Iran has formally informed mediators that it is unwilling to meet with US officials in Islamabad in the coming days, stating that US demands are unacceptable. Mediators also mentioned that Turkey and Egypt are still working to find solutions and are considering new meeting locations, including Doha, the capital of Qatar, or Istanbul, while also contemplating new proposals to break the deadlock. Additionally, according to Iranian media Fars News, sources indicated that Iran has rejected a US proposal for a 48-hour ceasefire.

[Stalemate in US-Iran Ceasefire Negotiations as Iran Refuses Meetings and Qatar Declines Mediation Role]On April 4, the Wall Street Journal reported that Qatar has refused to act as a key mediator for a potential US-Iran ceasefire agreement, complicating efforts to find a way forward in negotiations, according to officials and mediators familiar with the situation. Sources revealed that last week, Qatar informed US officials that it had no intention of playing a key role or leading efforts in the mediation process. Mediators stated earlier on Friday that the latest round of efforts led by Pakistan and regional countries to facilitate a US-Iran ceasefire has reached a stalemate. They noted that Iran has formally informed mediators that it is unwilling to meet with US officials in Islamabad in the coming days, stating that US demands are unacceptable. Mediators also mentioned that Turkey and Egypt are still working to find solutions and are considering new meeting locations, including Doha, the capital of Qatar, or Istanbul, while also contemplating new proposals to break the deadlock. Additionally, according to Iranian media Fars News, sources indicated that Iran has rejected a US proposal for a 48-hour ceasefire.

Stalemate in US-Iran Ceasefire Negotiations as Iran Refuses Meetings and Qatar Declines Mediation Role

On April 4, local time Friday, Chief U.S. District Judge James Boasberg of the District of Columbia rejected the Justice Department's request to rehear the ruling in the Powell criminal case, which previously blocked subpoenas issued in the criminal investigation involving Powell. In his ruling on March 13, Boasberg noted that the subpoena issued to the Federal Reserve Board last January was made for improper purposes, aimed at forcing Powell to agree to Trump's demands for a rapid interest rate cut or resign. The subpoena for Powell was issued by Washington D.C. Chief Federal Prosecutor Jeanine Pirro, a staunch supporter of Trump, who has pledged to continue the investigation and stated that her office is prepared to appeal to the U.S. Court of Appeals for the District of Columbia Circuit. Sources indicate that senior officials at the Justice Department support this appeal decision. This appeal could delay the confirmation of Kevin Walsh's nomination as Federal Reserve Chair. U.S. Senator Thom Tillis, a Republican member of the Senate Banking Committee, has criticized the investigation into Powell and vowed to continue blocking Walsh's nomination during the appeal process.

[US Judge Denies Rehearing of Powell Case, Appeal May Delay Walsh's Nomination Confirmation]On April 4, local time Friday, Chief U.S. District Judge James Boasberg of the District of Columbia rejected the Justice Department's request to rehear the ruling in the Powell criminal case, which previously blocked subpoenas issued in the criminal investigation involving Powell. In his ruling on March 13, Boasberg noted that the subpoena issued to the Federal Reserve Board last January was made for improper purposes, aimed at forcing Powell to agree to Trump's demands for a rapid interest rate cut or resign. The subpoena for Powell was issued by Washington D.C. Chief Federal Prosecutor Jeanine Pirro, a staunch supporter of Trump, who has pledged to continue the investigation and stated that her office is prepared to appeal to the U.S. Court of Appeals for the District of Columbia Circuit. Sources indicate that senior officials at the Justice Department support this appeal decision. This appeal could delay the confirmation of Kevin Walsh's nomination as Federal Reserve Chair. U.S. Senator Thom Tillis, a Republican member of the Senate Banking Committee, has criticized the investigation into Powell and vowed to continue blocking Walsh's nomination during the appeal process.

US Judge Denies Rehearing of Powell Case, Appeal May Delay Walsh's Nomination Confirmation

On April 4, a knowledgeable source revealed that the U.S. proposed a temporary 48-hour ceasefire to Iran through a friendly country on the 1st of this month. The Iranian side assessed that the U.S. had previously misjudged Iran's military capabilities, leading to significant difficulties for U.S. forces in the region after the escalation of the situation, prompting the U.S. to make this suggestion. The source pointed out that Iran did not respond in writing to the U.S. ceasefire proposal but instead made a 'real-time response' by continuing heavy artillery strikes on the battlefield. The source disclosed that after Iranian strikes targeted U.S. equipment depots on Bubiyan Island in Kuwait, U.S. diplomatic efforts to seek a ceasefire significantly intensified.

[U.S. Proposed 48-Hour Ceasefire, Iran Responds with Battlefield Actions]On April 4, a knowledgeable source revealed that the U.S. proposed a temporary 48-hour ceasefire to Iran through a friendly country on the 1st of this month. The Iranian side assessed that the U.S. had previously misjudged Iran's military capabilities, leading to significant difficulties for U.S. forces in the region after the escalation of the situation, prompting the U.S. to make this suggestion. The source pointed out that Iran did not respond in writing to the U.S. ceasefire proposal but instead made a 'real-time response' by continuing heavy artillery strikes on the battlefield. The source disclosed that after Iranian strikes targeted U.S. equipment depots on Bubiyan Island in Kuwait, U.S. diplomatic efforts to seek a ceasefire significantly intensified.

U.S. Proposed 48-Hour Ceasefire, Iran Responds with Battlefield Actions

On April 4, according to a report by The Wall Street Journal on April 3, Iran has officially informed mediators that it is unwilling to meet with US officials in Islamabad, Pakistan, in the coming days, and has clearly stated that the US's demands regarding a ceasefire are unacceptable. (Xinhua News Agency)

[Iran Officially Responds to Mediators: Unwilling to Meet US Officials in Pakistan in Coming Days]On April 4, according to a report by The Wall Street Journal on April 3, Iran has officially informed mediators that it is unwilling to meet with US officials in Islamabad, Pakistan, in the coming days, and has clearly stated that the US's demands regarding a ceasefire are unacceptable. (Xinhua News Agency)

Iran Officially Responds to Mediators: Unwilling to Meet US Officials in Pakistan in Coming Days

According to Huobi Global announcement,As the pGALA token has been recreated to replace Gala Token (former GALA), we are taking the following measures to protect users' assets:
1. Close the deposit service for pGALA;
2. Adopt the tax burn mechanism to charge a 1.2% two-way tax burn rate for pGALA spot trading. This pGALA tax burn rate does not affect any other tokens;
3. All the tax fees will be used to repurchase and burn pGALA. This tax burn mechanism is scheduled to take effect for pGALA at 16:00 UTC on November 4, 2022;
4. The pGALA tokens that were illegally minted on BNB Chain and deposited to Huobi are regarded as unjustified enrichment and will be used to repurchase and burn pGALA. The trading fees generated from GALA related trades during 00:00 to 24:00 (UTC+8) November 4, 2022, will all be used to repurchase and burn pGALA;
5. Huobi will continue its efforts to negotiate with the Gala team for compensating users' losses incurred by this event.

Detail

【Notice on Tax Burn for BNB Chain pGALA】According to Huobi Global announcement,As the pGALA token has been recreated to replace Gala Token (former GALA), we are taking the following measures to protect users' assets:
1. Close the deposit service for pGALA;
2. Adopt the tax burn mechanism to charge a 1.2% two-way tax burn rate for pGALA spot trading. This pGALA tax burn rate does not affect any other tokens;
3. All the tax fees will be used to repurchase and burn pGALA. This tax burn mechanism is scheduled to take effect for pGALA at 16:00 UTC on November 4, 2022;
4. The pGALA tokens that were illegally minted on BNB Chain and deposited to Huobi are regarded as unjustified enrichment and will be used to repurchase and burn pGALA. The trading fees generated from GALA related trades during 00:00 to 24:00 (UTC+8) November 4, 2022, will all be used to repurchase and burn pGALA;
5. Huobi will continue its efforts to negotiate with the Gala team for compensating users' losses incurred by this event.

Notice on Tax Burn for BNB Chain pGALA

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Notice on Tax Burn for BNB Chain pGALA

Isenção de responsabilidade：O conteúdo acima não representa as posições da HTX.，A HTX não faz quaisquer recomendações de negociação.。

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